Hanover, PA vs New Holland, PA

Hanover is moderately more affordable than New Holland, with a 6.3% lower cost of living index. Hanover scores 84 compared to 89 for New Holland, where the US average is 100. This difference means residents of New Holland can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hanover is $1,095/month compared to $1,219/month in New Holland — a 10% difference. Home values follow the same pattern: Hanover is more affordable at $200,900 median vs $225,500.

Median household income in Hanover is $64,135 compared to $57,719 in New Holland (+11.1%). Hanover offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hanover spend roughly 20.5% of their income on rent, less than the 25.3% in New Holland.